Page 5 - Ideas
P. 5

The gameplay: a student-centric approach                              are  then  given  a  week  to  discuss  in  groups  of  4  to  5

                                                                                         about how they would implement the various conceptual
                   One  of  the  key  aspects  of  the  Capacity  Game  involves         ideas. In the process, they are compelled to make more
                   requiring students  to  anticipate future changes to price            informed capacity and production related decisions, not

                   and demand, based on which they are to make decisions                 unlike those confronting industry professionals.
                   about  capacity  expansion  and  amount  of  production
                   across  multiple  time  points.  The  value  of  the  game,  as       When the game is played in class, each group acts as a
                   Fang Xin said, was to make these challenging concepts                 company  and  competes  with  rival  groups  across  a  set
                   “more  concrete”.  Students  are  also  more  immersed  in            number  of  periods.  During  each  period,  groups  are
                   the  learning  process,  as  they  have  to  think  through           presented with a list of pre-determined values and costs,
                   different  strategies.  “Students  need  to  think  like  a           such  as  past  demand  and  prices,  manufacturing  costs,
                   manager,  to  be  more  specific  and  provide  solutions  to         operating  costs,  inventory  costs,  capacity  expansion
                   questions,” Fang Xin remarked.                                        costs,  lead  time  to  build  capacity  and  interest  rates,
                                                                                         among  others.  Students  need  to  use  the  listed
                   Fang Xin  interweaves  the game into his lesson. He first             information  to  predict  the  following:  (1)  demand  of  the
                   introduces a problem setting and uses it to contextualise             current  period,  (2)  price  of  the  current  period,  and  (3)
                   the conceptual ideas about capacity expansion. Students
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